A Few Things that You Must Find in that Business Formation Agent
There can be a lot of business formation agents such as Panlegis that you can find out there as you would plan to set up a company with the help of the business formation agent. It is most excellent that you know about them more and what they offer beforehand. These are the essential things that you need to check out if you are going to choose such company formation agent to ensure that you can have a professional as well as complete service.
The first thing which you need to make sure is that they should be registered with ACRA. This association would encourage the agents in the business formation industry to reach as well as maintain those high standards. Thus, when your formation is associated with the ACRA, then you can have a great quality and more reliable service.
You also have to be sure that they have a great level of customer service. You need to check if they have a great level of customer support on a lot of media in place because such is really important when you have questions regarding the formation process. They should have excellent email support, telephone support or live chat support.
You must also find out if they have the services which you may require. You may have extra services like tax, accountancy, the back office services and the company secretarial services and also business plans after the incorporation. Such can surely make it a lot easier for the company to have the required accounting systems in place from such company formation and this would show a great level of business expertise from such formation agent.
Also, it is essential that they are really supported by the chartered accountants and those advisers. If the formation agent is able to provide you with an excellent accountancy service or advice from the chartered accountant or such professional tax advice from the chartered tax adviser after formation, then they may have you as the business grows and not just when you are starting up.
Are they giving free business consultation? There are some agents that are offering free one hour consultation after the formation in order to discuss the start-up tax as well as accounting obligations. This can be a great way to know all you should know to start your business and have answers to the questions which you have and make sure that you can stay compliant with the company laws as well as regulations.
The personal as well as business finances need to be separate. This means that your new business will have such a new bank account.